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Former charity accountant jailed for £2.5 million fraud

Wednesday 11th April, 2018

An accountant has been jailed for stealing more than £2.5m from the charity he worked for to support his luxury lifestyle and that of his girlfriend.

He was a long standing employee with 16 years’ service working for Morris Cerullo World Evangelism, a charity based in Hertfordshire where he took home an annual salary of £44,000.

Prosecutor Robert Bryan said: "He abused his position of trust over many years by falsifying invoices and accounts to pay for his personal affairs, his lifestyle and that of others."

The court heard he spent £500,000 on his girlfriend's home, with £106,000 on a bespoke horse box for her and went on luxury hotel trips in New York and London, despite having a wife who he'd told his girlfriend, had died.

He pleaded guilty to fraud by abuse of position and false accounting and was jailed for five years and seven months.

The fraud came to light when a colleague discovered he had been manipulating reports. When his office cabinets were opened, unpaid invoices, receipts for unheard of companies and letters from debt collectors were found.

This is the second time that he has been jailed for false accounting.